Category Archives: Inequality

This Chart Defines the 21st Century Economy

By Charles Hugh Smith Source: Of Two Minds There is nothing inevitable about such vast, fast-rising income-wealth inequality; it is the only possible output of our financial and pay-to-play political system. One chart defines the 21st century economy and thus … Continue reading

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“The Richest Nation On Earth” Why Are Many Americans Broke?

By Timothy Gatto Source: OpEdNews.com I’m going to talk about some things that many people take for granted and that most writers not will write about. I’m going to throw a lot of information and figures out in this article … Continue reading

Posted in Conspiracy, culture, Deep State, Dystopia, Economics, Empire, Financial Crisis, Inequality, Militarization, propaganda, Social Control, Social Engineering, society, State Crime, war, war on terror | Tagged , , , , , , , , , , , , , , , , | Leave a comment

It’s time to call the housing crisis what it really is: the largest transfer of wealth in living memory

By Laurie Macfarlane Source: OpenDemocracy.net One of the basic claims of capitalism is that people are rewarded in line with their effort and productivity. Another is that the economy is not a zero sum game. The beauty of a capitalist … Continue reading

Posted in culture, Economics, elites, Financial Crisis, Housing Crisis, Inequality, Neoliberalism, Recession, Social Control, society, Sociology | Tagged , , , , , , , , , , , , , | 1 Comment

The social and economic roots of the attack on democratic rights

Inequality and the American oligarchy By Eric London Source: WSWS.org A report published September 27 by the US Federal Reserve, the Survey of Consumer Finances, shows that the top 10 percent of Americans now own 77 percent of all wealth. … Continue reading

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Washington D.C. is Swarming With Unaccountable Parasites

By Michael Krieger Source: Liberty Blitzkrieg In theory, Americans should be proud of their national capital and all the important work that gets done there. In theory. In reality, our nation’s capital is an utter cesspool of self-serving, unethical and … Continue reading

Posted in Activism, civil liberties, Corporate Crime, Corruption, culture, Deep State, Dystopia, freedom of speech, Inequality, police state, Social Control, Social Engineering, society, State Crime | Tagged , , , , , , , , , , , , , , , , , , | 2 Comments

Financialization, precarity and reactionary authoritarianism

By increasing global competition, the precariousness wrought by financialization has laid the foundations for reactionary authoritarianism around the world. By Max Haiven Source: ROAR Financialization: Fictitious Capital in Popular Culture and Everyday Life, released last month in paperback from Palgrave … Continue reading

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Our Protected, Predatory Oligarchy: Dirty Secrets, Dirty Lies

By Charles Hugh Smith Source: Of Two Minds If you want to understand why the status quo is unraveling, start by examining the feudal structure of our society, politics and economy. The revelations coming to light about Hollywood Oligarch Harvey … Continue reading

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Power Corrupts: A Culture of Compliance Breeds Despots and Predators

By John W. Whitehead Source: The Rutherford Institute “All governments suffer a recurring problem: Power attracts pathological personalities. It is not that power corrupts but that it is magnetic to the corruptible.”― Frank Herbert Power corrupts. Worse, as 19th-century historian … Continue reading

Posted in Authoritarianism, Corporate Crime, Corruption, culture, divide and conquer, Dystopia, Economics, Empire, History, Inequality, Law, media, Philosophy, police state, Social Control, society, Sociology, State Crime | Tagged , , , , , , , , , , , , , , , , , , | 5 Comments